Lot # : 1 - 160 +/- Ac.- Highly Productive Farmland, Grant Co.

Live Webcast Auction
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Price Realized:
337,500.00 USD
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Price Realized 337,500.00 USD
Date Sold 2023-04-19T00:00:00
Medford, OK 73759
Date(s)
3/21/2023 - 4/19/2023
AUCTIONEER INFORMATION
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Online Bidders Only: A 5% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 160 +/- Ac.- Highly Productive Farmland, Grant Co.
Description
160 +/- Acres | Highly Productive Farmland Medford/Jefferson/Lamont Areas, Grant Co., OK AUCTION Wednesday - April 19, 2023 - 10:00 a.m. Auction Location: Community Room at the City Hall (enter on S.), 615 North Front Street, Medford, OK 73759 Land Location: From the mile line S. of Medford, ½ mile E. on Haskell Rd., 3 miles S. on S. Front St./CR 960 (Blacktop), then 3 ½ miles E. on Greer Rd. (Greer Rd. currently closed from US 81) OR from US 60 & S. Front St./CR 960 (3 miles E. of Pond Creek), 5 miles N. on S. Front St./CR 960 (Blacktop), then 3 ½ miles E. History: Ruth Pearl's aunt & uncle "The Gordons" first came to own this land in 1915, creating fond childhood memories for Ruth while she lived with the Gordon's for a period of time. Mr. Gordon was a talented amateur painter and taught Latin at Phillips University in Enid. Later he owned an abstract office and performed title searches. The land has since been proudly passed down over the years, but now, the time has come for a new, proud owner! Auctioneer's Note: This farm is one for the eyes! It lays level, is easily tilled, & is capable of producing most any of the crops native to this area. If you're looking for good land to add to your operation, or for a solid investment with ag lease return, be sure to look this one over! - According to the Grant Co. F.S.A., there are 156.91 acres of cropland with a 156.5 acre wheat base & a 44 bushel per acre PLC yield; & .40 acre Grain Sorghum base with a 37 bushel per acre PLC yield - Soil types of the cropland is mostly Tabler silt loam, Class II, with lesser amounts of McLain-Drummond complex, Class I & Kirkland silt loam, Class II - Balance of the land is in timber-lined creek along the E. side of the farm - Abundant deer population - Permanent fencing along N. & W. Legal Description: The SE/4 of Sec. 6, Twp. 26N, R4W., Grant Co., OK
Name 4/19 160 +/- Acres | Highly Productive Farmland, Grant Co.
Auctioneer
Wiggins Auctioneers, LLC
Type Live Webcast Auction
Date(s) 3/21/2023 - 4/19/2023
Auction Date/Time Info
LIVE w/ONLINE BIDDING | Wednesday - April 19, 2023 - 10:00 a.m.
Preview Date/Time During Daylight Hours
Checkout Date/Time See Terms.
Location
Community Room at the City Hall (enter on S.), 615 North Front Street
Medford, OK 73759
Buyer Premium 5% Online Buyer's Premium
Description
160 +/- Acres | Highly Productive Farmland Medford/Jefferson/Lamont Areas, Grant Co., OK AUCTION Wednesday - April 19, 2023 - 10:00 a.m. Auction Location: Community Room at the City Hall (enter on S.), 615 North Front Street, Medford, OK 73759 Land Location: From the mile line S. of Medford, ½ mile E. on Haskell Rd., 3 miles S. on S. Front St./CR 960 (Blacktop), then 3 ½ miles E. on Greer Rd. (Greer Rd. currently closed from US 81) OR from US 60 & S. Front St./CR 960 (3 miles E. of Pond Creek), 5 miles N. on S. Front St./CR 960 (Blacktop), then 3 ½ miles E. History: Ruth Pearl's aunt & uncle "The Gordons" first came to own this land in 1915, creating fond childhood memories for Ruth while she lived with the Gordon's for a period of time. Mr. Gordon was a talented amateur painter and taught Latin at Phillips University in Enid. Later he owned an abstract office and performed title searches. The land has since been proudly passed down over the years, but now, the time has come for a new, proud owner! Auctioneer's Note: This farm is one for the eyes! It lays level, is easily tilled, & is capable of producing most any of the crops native to this area. If you're looking for good land to add to your operation, or for a solid investment with ag lease return, be sure to look this one over! - According to the Grant Co. F.S.A., there are 156.91 acres of cropland with a 156.5 acre wheat base & a 44 bushel per acre PLC yield; & .40 acre Grain Sorghum base with a 37 bushel per acre PLC yield - Soil types of the cropland is mostly Tabler silt loam, Class II, with lesser amounts of McLain-Drummond complex, Class I & Kirkland silt loam, Class II - Balance of the land is in timber-lined creek along the E. side of the farm - Abundant deer population - Permanent fencing along N. & W. Legal Description: The SE/4 of Sec. 6, Twp. 26N, R4W., Grant Co., OK '22 Taxes: were approx. $462.00. The 2023 taxes will be prorated to the day of closing. Possession: Possession is to be given upon payment in full of the purchase price and transfer of title, at closing. Minerals: Do not sell. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Quentin & Lynsie Sturgeon, Auction Managers, at 580.554.7133 OR 580.554.2633 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Seller: The Estate of Ruth Pearl
1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 2.50 USD
100.01 - 250.00 5.00 USD
250.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,500.00 50.00 USD
2,500.01 - 5,000.00 100.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 25,000.00 500.00 USD
25,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Online Buyer's Premium
Payment Terms
See Terms.
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